Industry News

Table space Expands Hyderabad Footprint With 5-Lakh-Sq-Ft Lease Worth ₹163 Crore 0
- Industry News
- August 17, 2026
Tablespace Technologies has leased 506,251 sq ft at Laxmi Infobahn Software Park in Hyderabad for five years. The expansion strengthens its managed workspace presence in the city as demand for Grade A offices remains strong. The deal also comes ahead of the company’s proposed ₹800 crore IPO.
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Julius Baer Leases 74,037 Sq. Ft. in Mumbai as BFSI GCC Demand Strengthens 0
- Industry News
- August 17, 2026
Julius Baer Global Enterprise Services has leased 74,037 sq. ft. at Waterstones Business Park in Mumbai’s Andheri East. The five-year lease involves ₹102.6 crore in total rent. The deal comes amid strong GCC-led office demand, with BFSI emerging as a major driver across India’s top cities.
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India’s REIT Market Crosses ₹2 Lakh Crore as Commercial Real Estate Gains Institutional Momentum 0
- Industry News
- August 17, 2026
India’s listed REIT market has crossed ₹2 lakh crore in market capitalisation, marking a major milestone for commercial real estate. New listings and regulatory changes are supporting market growth, while upcoming RBI rules could improve access to bank finance. However, office demand, occupancy and distribution consistency remain key risks.
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IndiQube Spaces Narrows Q1 FY27 Loss by 35% as Income Climbs 38.5% to ₹448.81 Crore 0
- Industry News
- August 17, 2026
IndiQube Spaces reported a 38.5% year-on-year rise in total income to ₹448.81 crore in Q1 FY27, while its net loss narrowed 35% to ₹23.88 crore. The company benefited from a smaller income-expense gap. Its growing 137-centre network now covers 17 cities and 10.61 million sq. ft.
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IndiQube Spaces Reports Record ₹428 Crore Q1 Revenue as Occupancy and Value-Added Services Rise 0
- Industry News
- August 17, 2026
IndiQube Spaces posted its highest-ever quarterly revenue of ₹428 crore in Q1FY27. PAT surged 91% to ₹35 crore, while EBITDA rose 34% to ₹87 crore. The managed workspace provider also expanded its portfolio to 10.61 million sq ft and 236,000 seats, supported by stronger occupancy and VAS growth.
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Smartworks Expands Pune Footprint With 176,285 Sq. Ft. of New Workspace Capacity 0
- Industry News
- August 17, 2026
Smartworks is adding around 176,285 sq. ft. of workspace capacity in Pune with an investment of up to ₹28 crore. The expansion is expected to be completed in August 2026. With strong existing utilisation and committed occupancy, the move highlights the operator’s continued focus on scaling its managed workspace presence.
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